VandeWater & Associates Licensed Real Estate Brokerage


UNBELIEVABLE OPPORTUNITY TO OWN PROPERTY WITH DIREC ACCESS TO THE FAMOUS OTTER CREEK HORSE TRAIL SYSTEM

LOTS BORDERING OVER 200,000 ACRES OF STATELAND. 5 ACRES FOR ONLY $29,900 23 ACRES POND FRONTAGE ONLY $61,900

CALL FOR AN APPOINTMENT BEFORE THIS RARE OPPORTUNITY TO OWN THIS ADIRONDACK GEM IS GONE FOREVER 315-348-8884/ 800-615-2321 WWW.VANDEWATERLAND.COM

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What is a 1031

Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business, or for investment.  A tax deferred exchange is a method by which a property owner trades one or more relinquished properties for one or more replacement properties of like-kind, while deferring the payment of federal income taxes and some state taxes on the transaction.

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